NZ dollar stalls amid doubts on US-China trade deal

NZ dollar stalls amid doubts on US-China trade deal
Jenny Ruth
The New Zealand dollar was little changed as the excitement about the supposed trade deal reached last week between the US and China began to evaporate. The kiwi was trading at 63.02 US cents at 5pm in Wellington from 62.98 at 8am. The trade-weighted index was at 70.02 points from 69.96. While US President Donald Trump tweeted that last week's agreement with China was "by far, the greatest and biggest deal ever made for our Great Patriot Farmers in the history of our Country," doubts are increasing about how much of substance was agreed....

More Markets

Warehouse drops guidance, loss now in scope
Retail

Warehouse drops guidance, loss now in scope

The retailer has raised the possibility of a full-year earnings loss.

Xero’s Melio ‘leap of faith’
Markets Analysis

Xero’s Melio ‘leap of faith’

The NZ-founded company’s giant-killer dreams in the US hinge on this huge bet. 

NZX ends half year down 3.6%
Markets Market Close

NZX ends half year down 3.6%

"We’ve continued to lag relative to other markets," analyst says.

Gregor Thompson 30 Jun 2025